ThirdFi Market Weighted Index (MWI) is a tokenized crypto index fund on the Avalanche network, which tracks major crypto assets, such as Bitcoin, Ethereum, Avalanche, and USDT, according to market dominance.
ThirdFi provides easy and seamless investment vehicles with major crypto assets by removing complicated processes and entry barriers to Decentralized Finance. This strategy aims to give exposure to the top cryptocurrencies and auto-compounding WAVAX rewards on top of it as extra profit. This index fund is a secure way to earn profit with top cryptocurrencies.
Ticker | Asset | Ratio |
---|---|---|
WAVAX - Avalanche
Investing in the crypto asset market offers massive potential upside, but the historic data shows that there is a fair amount of volatility compared to traditional investment assets. While this fund is composed of carefully selected crypto assets according to market dominance, the probability or uncertainty of losses still remains.
A standard risk when it comes to providing liquidity on decentralized exchanges in any DeFi investment is impermanent loss. Impermanent loss occurs when a token price changes after the investor deposits assets in a liquidity pool.
This fund aims to capture expected gains in the broader crypto market with relatively lower risk, by diversifying the portfolio. By automatically compounding the liquidity pool rewards regularly, the fund constantly mitigates the loss from purely holding single assets, while getting benefits from long-term market growth.
20% of the profit.
WBTC
Bitcoin
45%
WETH
Ethereum
35%
AVAX
Avalanche
15%
USDT
Tether
5%